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$575,000
$2,900Reward *
1510 S Drake Avenue, Chicago, IL 60623Listing ID 12674280

1510 S Drake Avenue, Chicago, IL 60623

Active
CHI - North Lawndale
Time on site: 10 days • Last updated: 3 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
11
Bathrooms
Bathrooms
3
Days on Site
Days on Site
11
Heating
Heating
Natural Gas
Year Built
Year Built
1907
Parking
Parking
Yes

Stop renting and start owning - while tenants help alleviate your mortgage. This solid 3-unit property offers a rare opportunity to become a homeowner and investor at the same time. Featuring a total of 11 bedrooms and 3 full bathrooms, the spacious layouts provide comfort, privacy, and flexibility for today's lifestyle. Live in one unit and rent out the others to significantly reduce your monthly housing cost, making homeownership more achievable than ever. Whether you need space for family, guests, or a home office, this property allows you to create a home while building long-term wealth. Located on S Drake Ave in Chicago, you'll enjoy convenient access to public transportation, schools, parks, and everyday amenities. This is an ideal opportunity for first-time buyers, FHA buyers, or anyone ready to trade rent payments for equity. Why rent to someone else's when you can own a property that works for you? Build equity, generate income, and secure your future - all in one move

Property Information

Property Details

Location

Address
1510 S Drake Avenue
County
Cook
City
Chicago
Zip Code
60623
Subdivision
CHI - North Lawndale
School District
299
MLS Area
CHI - North Lawndale

Interior Features

Beds and Baths

Bedrooms
11

Building

Building Information

Year Built
1907
Construction
Brick

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$5,243
Tax Year
2024
Second City Real Estate, (312) 392-1650

Market Report for 60623

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 05:05 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD893003